BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.014%

Price spread now: Binance against Bybit+0.118%7-day average +0.114% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 7 days−0.003%$0 · spread now +0.118%, 7d avg +0.114%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BNBUSDT	802.80	0.0100	pay 0.0100% / 8h	2h 53m	$139.0M	$83.5M	75x
Short	Binance BNBUSDT	803.75	0.0102	get 0.0102% / 8h	2h 53m	$518.4M	$807.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.118%Rate

Funding earned: $0.46
Price spread: +0.118% → +0.114%: $0.38
Slippage, 4 orders: −$2.13
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$22.29
Costs to cover: 0.231%
Break-even: 346.3 days

Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 5 min ago	0.62 bp	6.5 bp −$6	8.6 bp −$86	23.2 bp −$2,321	160.3 bp −$80.1K
Sell Binance live order book, 5 min ago	0.06 bp	5.5 bp −$5	7.8 bp −$78	15.6 bp −$1,561	doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0195% / S +0.0371%	1h	802.76	−0.005%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.95	+0.019%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	804.31	+0.188%	$3.0M	$30.4M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	803.50	+0.087%	$109K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	803.92	+0.140%	$869K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	802.73	−0.009%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	802.88	+0.010%	$2.5M	$919K	50x	as long as short
Variational Omni BNB	+0.0068%	8h	803.35	+0.068%	$4.1M	$5.3M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0088%	1h	803.99	+0.148%	$608K	$899K	50x	as long as short
Aster BNBUSDT	+0.0089%	8h	803.20	+0.050%	$6.3M	$18.9M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDT	+0.0089%	8h	803.13	+0.041%	—	$34.6M	—	as long as short
Lighter BNB	+0.0096%	1h	802.95	+0.019%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	802.24	−0.069%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	803.26	+0.057%	$1.2M	$923K	20x	as long as short
Bybit BNBUSDTlong	+0.0100%	8h	802.80	long leg	$139.0M	$83.5M	75x
OKX BNB-USDT-SWAP	+0.0100%	8h	802.90	+0.012%	$55.0M	$115.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.70	−0.012%	$52K	$191K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	802.55	−0.031%	$35.9M	$58.1M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	802.88	+0.010%	$28.1M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	802.65	−0.019%	$79.0M	$24.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	804.49	+0.211%	$4.2M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	803.95	+0.143%	$159K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.26	−0.067%	$118K	$869K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	802.72	−0.010%	$388K	$595K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	802.86	+0.008%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	803.91	+0.138%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	802.80	0.000%	$395K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	803.27	+0.058%	$1.6M	$162K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.81	+0.001%	$8.2M	$7.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	803.32	+0.065%	$78K	$19K	50x	as long as short
MEXC BNB_USDT	+0.0102%	8h	804.20	+0.174%	$84.3M	$13.5M	200x	as long as short
Binance BNBUSDTshort	+0.0102%	8h	803.75	+0.118%	$518.4M	$807.6M	75x
Extended BNB-USD	+0.0104%	1h	802.72	−0.010%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	802.73	−0.008%	$386K	$40K	10x	as long as short
Phoenix BNB	+0.0110%	1h	805.11	+0.288%	$173K	$35K	10x	as long as short
Phemex BNBUSDT	+0.0121%	8h	803.43	+0.078%	$70.1M	$51.8M	50x	as long as short
Bulk BNB-USD	+0.0140%	1h	805.09	+0.285%	$650K	$11K	10x	as long as short
Hyperliquid BNB	+0.0192%	1h	803.48	+0.085%	$51.6M	$21.3M	10x	as long as short
dYdX BNB-USD	+0.0195%	1h	803.01	+0.026%	$170K	$55K	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	802.82	+0.002%	$1.1M	$1.4M	20x	as long as short
BloFin BNB-USDT	+0.0222%	8h	804.78	+0.247%	$18.9M	$3.1M	75x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	803.60	+0.099%	$71K	$48K	12x	as long as short
01 Exchange BNBUSD	+0.0280%	1h	804.35	+0.193%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0335%	1h	802.10	−0.087%	$6K	$3K	40x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.92	+0.264%	$19K	$526K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0657%	1h	803.99	+0.148%	$3.0M	$5.3M	40x	as long as short